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7700 Georgia Avenue NW

WASHINGTON, DC 20012
  • $16,000,000
  • STATUS: Active
  • ON SITE: 237 Days
  • ID#: DCDC517160
UPDATED: 17 min ago
$16,000,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Description

32 unit apartment building for the discerning accredited investor. 6% Cap Rate in the highly upwardly mobile development zone between Walter Reed development and downtown Silver Spring. Delivery by late Summer, 2021. Hard Hat tour available to the qualified investor. Must present proof of funds from a reputable bank to the listing agent.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-09T08:51:09.103.
www.locomusings.com/homes/116132649
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7700 Georgia Avenue NW WASHINGTON, DC 20012

  • Price: $16,000,000
  • Status: Active
  • On Site: 237 Days
  • Updated: 17 min ago
  • ID#: DCDC517160
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2021
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
32 unit apartment building for the discerning accredited investor. 6% Cap Rate in the highly upwardly mobile development zone between Walter Reed development and downtown Silver Spring. Delivery by late Summer, 2021. Hard Hat tour available to the qualified investor. Must present proof of funds from a reputable bank to the listing agent.
Exterior Features

Architectural Style Contemporary Carport Spaces 9 Construction Materials ConcreteCombination Garage YN No Other Structures Above GradeBelow Grade Parking Types Attached Carport Pool No Pool Riparian Rights YN No Road Responsibility City/County Road Surface Type ConcreteBlack Top Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Multi UnitsProgrammable ThermostatCentral A/C Fireplace YN No Heating CentralProgrammable Thermostat Heating YN Yes Security Features Desk in Lobby24 Hour SecurityIntercomSecurity Gate Single Room Units 32 Spa YN No Three Bedroom Units 1 Two Bedroom Units 17 Units Furnished None

Property Features

Accessibility Features 2+ Access ExitsChairliftRoll-In ShowerWheelchair Mod Assessment Year 2020 Association YN No Central Air YN Yes Cooling Fuel Electric Elevators 1 Existing Lease Type None Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 0 Number Of Units Total 4 Number Of Units Vacant 32 Original MLSNumber 304560202955 Ownership Interest Fee Simple Possession ImmediateDelay SettlementNegotiableOther Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 26136.00 Tax Assessment Amount 2988720.00 Tax Lot 37 Vacation Rental YN No Water Source Public Zoning Mu-4 Zoning Description The Mu-4 Zone is intended To: Permit Moderate-Density Mixed-Use Development;

Listing courtesy of Ttr Sotheby's International Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-09T08:51:09.103.
 
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LoCoMusings | Century 21 Redwood Realty
540 Fort Evans Road Suite 303
Leesburg VA, 20176